Wikimedia Conference 2015/Programme/21

21: Financial Management

How to move forward

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  Greyham (WMUK) presenting

What was this session about?

The session was mainly about WMUK’s lessons learnt in financial management and what other affiliates could learn of it.

What are the next steps to be taken?

The were no further steps intended to be taken.

Who is the person to reach out to?

Reach out to Cornelius, the Program and Engagement Coordinator for the Wikimedia Conference, if you’re interested in the topic and would like to further work on it.

Photos

see the Commons category

Slides

slides (pdf)

Session Documentation

Original Description

An interactive lecture: each participating Wikimedia affiliate will get to explore a topic in financial management relevant to that affiliate’s level of development.

Desired Outcome

Treasurers (etc.) learn more about managing finances

Audience

Affiliate treasurers / budget management

Session Format

Talk; 120 min

Speaker

Greyham Dawes (WMUK)

Summary of the session

First group exercise: Identify your organisation in terms of governance, funding, charity status and decision making processes

After having presented himself, Greyham (Honorary Treasurer of WMUK) initiated the session with exercises asking all present participants to identify their organisation in terms of governance, funding, charity status and decision making processes. Among other aspects, sevens organisations identified themselves as a Not-For-Profit (NFP), four organisations as a charity.

After having done these two exercises, Greyham started to talk about Wikimedia UK’s history from 2009 to 2015. Main points of the history were (see the presentation slides) WMUK’s fundraising experiences, the “conflict of interest” incident which led to a restructuring of WMUK and, finally, WMUK’s overspending experience in 2014/15 and a further restructuring phase since then.

Greyham continued what WMUK learnt out of its history, especially in the financial management part. He presented a list of Factors for an effective financial control of a charity/non-profit. A further check-list of financial management controls completed his explanation.

The session was concluded with a final group exercise on in which area affiliates are working on and how financial management tools could help them in their work and solve eventual problems.